What is the main objective of the Mukhyamantri Swarozgar Yojana?

The Mukhyamantri Swarozgar Yojana aims to promote self-employment and entrepreneurship among Uttarakhand residents by providing financial assistance and subsidies for establishing new enterprises or upgrading existing small-scale units across various sectors.

What is the maximum project cost covered under this scheme?

The maximum project cost financed through banks for manufacturing sector enterprises is ₹25 lakh, and for service and business sector enterprises, it is ₹10 lakh.

What percentage of subsidy can an applicant receive?

The subsidy percentage varies by district category and project type. It is 25% for Category-A districts, 20% for Category-B and B+ districts, and 15% for Category-C and D districts, with specified maximum subsidy amounts for each sector.

Who is eligible to apply for this scheme?

Applicants must be native or permanent residents of Uttarakhand, at least 18 years old, and not be defaulters of any bank or financial institution. No specific educational qualification is required.

How does one apply for the Mukhyamantri Swarozgar Yojana?

Applications must be submitted online through the official portal (https://msy.uk.gov.in/). Required documents include the applicant’s photograph, Aadhaar card, residence certificate, project details, and other relevant certificates, all self-attested and uploaded online.

When is the subsidy released to the beneficiary?

The prescribed subsidy will be released only after the project established under the scheme has been successfully operational for a continuous period of two years, ensuring project stability and viability.

Mukhyamantri Swarozgar Yojana - Uttarakhand (2026)

The “Mukhyamantri Swarozgar Yojana” is implemented by the Uttarakhand Khadi and Village Industries Board under the Department of Industries, Government of Uttarakhand. This scheme is designed to foster self-employment and entrepreneurship among the permanent residents of Uttarakhand. It offers crucial financial assistance and subsidies to individuals and entities looking to establish new businesses or enhance their existing small-scale units across various sectors, including manufacturing, service, business, and specific agricultural activities like apple cultivation and animal husbandry. The program aims to boost economic development and create job opportunities within the state by supporting local entrepreneurial ventures. It targets individuals and small businesses that seek to contribute to the local economy and require financial backing to realize their entrepreneurial dreams, focusing on sustainability and long-term operational success.

Applications are initially screened online for eligibility criteria. Eligible applications are then forwarded to designated banks for financial assessment and approval of project funding. Once a project is approved and established, its operational success is monitored. The final subsidy component is disbursed by the Uttarakhand Khadi and Village Industries Board only after the enterprise has proven to be successfully operational for a continuous period of two years, confirming the project's sustainability and adherence to scheme objectives.

The scheme provides financial assistance for project costs up to ₹25 lakh for manufacturing enterprises and ₹10 lakh for service and business enterprises, which is primarily financed through banks. A significant subsidy component is offered, varying by district category: 25% (maximum ₹6.25 lakh for manufacturing, ₹2.50 lakh for service) for Category-A districts; 20% (maximum ₹5 lakh for manufacturing, ₹2 lakh for service) for Category-B and B+ districts; and 15% (maximum ₹3.75 lakh for manufacturing, ₹1.50 lakh for service) for Category-C and D districts. This subsidy is released only after two years of successful project operation, effectively reducing the overall repayment burden on the bank loan and supporting long-term business sustainability.

Mukhyamantri Swarozgar Yojana - Uttarakhand

Mukhyamantri Swarozgar Yojana - Uttarakhand

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